Paramount, CA 90723,8407 Somerset Boulevard
Paramount, CA 90723,8407 Somerset Boulevard
Paramount, CA 90723,8407 Somerset Boulevard
Paramount, CA 90723,8407 Somerset Boulevard
Paramount, CA 90723,8407 Somerset Boulevard
Paramount, CA 90723,8407 Somerset Boulevard
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$777,000

$777,000

Est.Price: ?

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Est. payment /mo

2 Beds

1 Bath

650 SqFt


SOLD DATE : 12/21/2021

Key Details

Sold Price $777,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 650 sqft

Price per Sqft $1,195

MLS Listing ID OC21252958

Sold Date 12/21/21

Style Detached

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1939

Lot Size 9,035 Sqft

Acres 0.2074

Property Description

Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special. Seller may consider carrying 10% as a second loan.
Developers Dream!! Amazing Investment Opportunity with fully permitted plans to make this property a 4-unit money maker!! After construction the projected income is over $12,000 per month. Current plans will allow for over 4600 s.f. of living space. There is currently a remodeled 2-bedroom 1 bath house on the property and plans are provided to build a 2017 s.f. 4-bedroom (with optional 5th bedroom) house, another 1200 s.f. 3-bedroom unit and a third unit with 2 bedrooms at 746 s.f. Located in a great area of Paramount on a beautiful tree lined street, take advantage now and make this property something special. Seller may consider carrying 10% as a second loan.

Location

State CA

County Los Angeles

Area Paramount (90723)

Zoning 3407 SOMER

Building

Lot Description Sidewalks

Lot Size Range 7500-10889 SF

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Others

Acceptable Financing Cash, Cash To New Loan

Listing Terms Cash, Cash To New Loan

Special Listing Condition Standard

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San Diego Regional MLS (SDMLS)
Listed by Ty Loosmore • South Coast Realty
Bought with Ty Loosmore • South Coast Realty
agent-avatar

+1(858) 414-1153

robyn@robynflint.com

Scripps Ranch, 92131, United States

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